CyberX Raises $18M to Address Industrial Cybersecurity

Michael Vizard | March 29, 2019

CyberX Raises $18M to Address Industrial Cybersecurity
As concerns about Internet of things (IoT) cybersecurity continue to mount, money to address these issues is starting to pour in from investors. CyberX, a provider of a platform for securing industrial networks, revealed it has picked up an additional $18 million in funding, which brings the total funding poured into CyberX this far up to $48 million. Phil Neray, vice president of industrial cybersecurity at CyberX, said that level of funding reflects how important it has become to secure critical infrastructure such as power plants, which increasingly are being targeted by hackers launching attacks using, for example, the WannaCry malware. Because many of those hackers are working on behalf of any number of nation-states that provide access to almost inexhaustible resources, many of the entities that manage these environments are simply being overwhelmed, he said.

Spotlight

Sam Lucero, senior principal analyst with IHS, talks to M2M Now about who is best placed to take IoT to mass consumer and corporate adoption, and how.


Other News

SOFTWARE AND TOOLS

Anacle's Tesseract Selected by the EMA to Develop and Testbed NB-IoT-enabled Advanced Electricity Meters

Anacle Systems Limited, Energy Market Authority | April 23, 2021

SINGAPORE, Apr 21, 2021 - (ACN Newswire) - Anacle Systems Limited ("Anacle") has been selected by the Singapore Energy Market Authority ("EMA") to develop and testbed Narrowband Internet-of-Things (NB-IoT) enabled advanced electricity meters. The future meters will be based on Anacle's leading edge Tesseract® series of hyper-smart meters. This initiative is a collaboration between the EMA, Smart Nation and Digital Government Group (SNDGG) and utilities provider SP Group. The testbed will eventually be rolled out across 1.4 million consumer accounts (mainly households) in ...

Read More

ENTERPRISE IOT

Forever Group launches Geotab Fleet Management and Fleet Telematics services in the UK

Forever Group | February 05, 2021

Forever Group is an established Telecommunications and IT specialist, with long-standing partnerships across the UK's leading business mobile networks. Additionally, as a Telefonica M2M partner and with numerous Cisco accreditations, we also provide secure connectivity and IoT solutions. We are proud to be launching Geotab UK services as an authorised reseller. Geotab are the global market leader in Fleet Management and Fleet Telematics technology, with more than 2,000,000 vehicles deployed globally. In addition to Fleet Tracking, Geotab captures rich Fleet Telematics data for vehicles and drivers to provide real operational insight in to your fleet. This in...

Read More

Thought leaders come together to discuss the futureof developer relations in a remote-first world

SlashData | September 19, 2020

For immediate release London, United Kingdom Media contact at SlashData Ltd. Viktorija Ignataviciute viktorija@slashdata.co Best practises engaging Open Source and DevOps developers Developer trends; Tracking Covid effect on the industry While industries, businesses and individuals are being challenged significantly, the Future Developer Summit

Read More

SALESFORCE LAUNCHES NEW HYBRID CMS PLATFORM 'SALESFORCE CMS

DECK7 | November 12, 2019

Demand owns content, and with the release of 'Salesforce CMS', it’s clear that Salesforce is putting the control squarely with demand, not to mention delighting the creative marketer with more power through additional tools for creating content that are expected to work well right out of the box (er… cloud). Customers have become accustomed to consuming content across multiple channels and platforms which requires marketers to provide for seamless integration of their content. Enterprises have always been challenged by using multiple systems for their content management. Salesforce CMS addresses these common content challenges and promises more....

Read More

Spotlight

Sam Lucero, senior principal analyst with IHS, talks to M2M Now about who is best placed to take IoT to mass consumer and corporate adoption, and how.

Resources

Events